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Side-by-side financial comparison of GRAN TIERRA ENERGY INC. (GTE) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Zai Lab Ltd is the larger business by last-quarter revenue ($127.1M vs $124.4M, roughly 1.0× GRAN TIERRA ENERGY INC.). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs -15.5%). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% CAGR vs -11.1%).

Gran Tierra Energy is an energy company founded by Jeffrey Scott, Dana Coffield, Max Wei, Jim Hart and Rafael Orunesu in May 2005. The company, based in Calgary, Alberta, Canada, focuses on oil and gas exploration, development and production, particularly in South America. The company announced its intentions to merge with Solana Resources on 29 July 2008.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

GTE vs ZLAB — Head-to-Head

Bigger by revenue
ZLAB
ZLAB
1.0× larger
ZLAB
$127.1M
$124.4M
GTE
Growing faster (revenue YoY)
ZLAB
ZLAB
+32.6% gap
ZLAB
17.1%
-15.5%
GTE
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
-11.1%
GTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTE
GTE
ZLAB
ZLAB
Revenue
$124.4M
$127.1M
Net Profit
$-141.1M
Gross Margin
51.0%
Operating Margin
-142.9%
-54.6%
Net Margin
-113.4%
Revenue YoY
-15.5%
17.1%
Net Profit YoY
-312.6%
EPS (diluted)
$-3.98
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTE
GTE
ZLAB
ZLAB
Q4 25
$124.4M
$127.1M
Q3 25
$149.3M
$115.4M
Q2 25
$152.5M
$109.1M
Q1 25
$170.5M
$105.7M
Q4 24
$147.3M
$108.5M
Q3 24
$151.4M
$101.8M
Q2 24
$165.6M
$100.1M
Q1 24
$157.6M
$87.1M
Net Profit
GTE
GTE
ZLAB
ZLAB
Q4 25
$-141.1M
Q3 25
$-19.9M
$-36.0M
Q2 25
$-12.7M
$-40.7M
Q1 25
$-19.3M
$-48.4M
Q4 24
$-34.2M
Q3 24
$1.1M
$-41.7M
Q2 24
$36.4M
$-80.3M
Q1 24
$-78.0K
$-53.5M
Gross Margin
GTE
GTE
ZLAB
ZLAB
Q4 25
51.0%
Q3 25
59.5%
Q2 25
60.6%
Q1 25
63.6%
Q4 24
61.5%
Q3 24
64.1%
Q2 24
64.9%
Q1 24
61.4%
Operating Margin
GTE
GTE
ZLAB
ZLAB
Q4 25
-142.9%
-54.6%
Q3 25
-20.9%
-42.3%
Q2 25
-5.3%
-50.3%
Q1 25
-9.2%
-53.3%
Q4 24
-14.9%
-62.6%
Q3 24
14.5%
-66.6%
Q2 24
16.5%
-76.0%
Q1 24
11.0%
-80.7%
Net Margin
GTE
GTE
ZLAB
ZLAB
Q4 25
-113.4%
Q3 25
-13.4%
-31.2%
Q2 25
-8.4%
-37.3%
Q1 25
-11.3%
-45.8%
Q4 24
-23.2%
Q3 24
0.7%
-40.9%
Q2 24
22.0%
-80.2%
Q1 24
-0.0%
-61.4%
EPS (diluted)
GTE
GTE
ZLAB
ZLAB
Q4 25
$-3.98
$-0.05
Q3 25
$-0.57
$-0.03
Q2 25
$-0.36
$-0.04
Q1 25
$-0.54
$-0.04
Q4 24
$-1.10
$-0.09
Q3 24
$0.04
$-0.04
Q2 24
$1.16
$-0.08
Q1 24
$0.00
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTE
GTE
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$82.9M
$689.6M
Total DebtLower is stronger
$686.5M
Stockholders' EquityBook value
$228.7M
$715.5M
Total Assets
$1.6B
$1.2B
Debt / EquityLower = less leverage
3.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTE
GTE
ZLAB
ZLAB
Q4 25
$82.9M
$689.6M
Q3 25
$49.1M
$717.2M
Q2 25
$61.0M
$732.2M
Q1 25
$76.6M
$757.3M
Q4 24
$103.4M
$779.7M
Q3 24
$277.6M
$616.1M
Q2 24
$115.3M
$630.0M
Q1 24
$126.6M
$650.8M
Total Debt
GTE
GTE
ZLAB
ZLAB
Q4 25
$686.5M
Q3 25
$761.8M
Q2 25
$772.6M
Q1 25
$726.3M
Q4 24
$722.1M
Q3 24
$718.4M
Q2 24
$582.1M
Q1 24
$583.1M
Stockholders' Equity
GTE
GTE
ZLAB
ZLAB
Q4 25
$228.7M
$715.5M
Q3 25
$366.0M
$759.9M
Q2 25
$389.8M
$791.7M
Q1 25
$393.8M
$810.8M
Q4 24
$413.6M
$840.9M
Q3 24
$420.9M
$667.7M
Q2 24
$420.9M
$704.2M
Q1 24
$392.0M
$762.2M
Total Assets
GTE
GTE
ZLAB
ZLAB
Q4 25
$1.6B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.7B
$1.2B
Q4 24
$1.7B
$1.2B
Q3 24
$1.5B
$985.3M
Q2 24
$1.4B
$987.4M
Q1 24
$1.4B
$988.4M
Debt / Equity
GTE
GTE
ZLAB
ZLAB
Q4 25
3.00×
Q3 25
2.08×
Q2 25
1.98×
Q1 25
1.84×
Q4 24
1.75×
Q3 24
1.71×
Q2 24
1.38×
Q1 24
1.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTE
GTE
ZLAB
ZLAB
Operating Cash FlowLast quarter
$157.2M
$-26.0M
Free Cash FlowOCF − Capex
$-26.7M
FCF MarginFCF / Revenue
-21.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTE
GTE
ZLAB
ZLAB
Q4 25
$157.2M
$-26.0M
Q3 25
$48.1M
$-32.0M
Q2 25
$34.7M
$-31.0M
Q1 25
$73.2M
$-61.7M
Q4 24
$26.6M
$-55.8M
Q3 24
$78.7M
$-26.8M
Q2 24
$73.2M
$-42.2M
Q1 24
$60.8M
$-90.1M
Free Cash Flow
GTE
GTE
ZLAB
ZLAB
Q4 25
$-26.7M
Q3 25
$-35.0M
Q2 25
$-33.9M
Q1 25
$-63.2M
Q4 24
$-58.4M
Q3 24
$-28.2M
Q2 24
$-42.9M
Q1 24
$-91.1M
FCF Margin
GTE
GTE
ZLAB
ZLAB
Q4 25
-21.0%
Q3 25
-30.4%
Q2 25
-31.1%
Q1 25
-59.9%
Q4 24
-53.8%
Q3 24
-27.7%
Q2 24
-42.9%
Q1 24
-104.5%
Capex Intensity
GTE
GTE
ZLAB
ZLAB
Q4 25
0.5%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.5%
Q4 24
2.4%
Q3 24
1.3%
Q2 24
0.7%
Q1 24
1.1%
Cash Conversion
GTE
GTE
ZLAB
ZLAB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
69.42×
Q2 24
2.01×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTE
GTE

Colombia Segment$89.1M72%
Other$22.9M18%
Ecuador Segment$12.5M10%

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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